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, the faa and ntsb, they all have investigators heading to japan to investigate what happened with that emergency landing. meanwhile, other airlines, which have already taken delivery, they are still flying the dreamliner. this is out of poland making its inaugural flight of the 787. right now, as we speak, maria, in a couple hours. it will be touching down here in chicago. despite airlines saying we're still going to fly, it s & p capital iq downgrading shares of boeing on the concern, maria, that eventually we could see some airline customers saying, you know what, putting me on the dreamliner, i'm skipping that flight so that's the latest of what's happening with boeing. maria? >> want to bring in a couple other voices, michael boyd, aviation expert and on the telephone jim hall, former ntsb chairman, now managing director of hall & associates. good to see everybody. thanks for joining us. would you fly a dreamliner right now? mean, knowing what we know, jim hall, would you -- what would you job advice? >> oh, yes, i would fly the aircraft. i think if there are significant
of events a few years ago prompted the ntsb to focus on medical helicopters specifically and medical planes. the pressure to quickly respond in various conditions at night, in foul weather, they make those operations inherently dangerous. the safety board made 19 recommendations, including better pilot training, especially for inclement weather, nine vision systems, flight data recorders with regular reviews of the data. both aircraft yesterday were just a few years old each and we know that the pilot in the fatal crash in iowa did have access to height vision goggles and newer technology but did not have a flight data recorder, wolf. >> what do we know about the companies that operated these hol copterses? >> these were two large nationwide air medical operations. the first one, air methods corporation, that's the one involved in the oklahoma crash yesterday, that has some 300 aircraft. the company involved in the iowa crash, medtran, has about 60. we've reached out to both companies but have not heard back yet. the ffa and ntsb are investigating both of these incidents. the one involved i
ion batteries used on its 787 dreamliner jets. the ntsb made the request after recently learning of incidents that occurred before the battery fire on an al nippon airways jet at boston's logan airport on january 7. >>> and it replaced batteries on 787 jets ten times after they felt it charged improperly or showed other problems and told boeing about the swaps. the airline has replaced batteries on its dreamliners. boeing reports four-kwourth earnings at 7:30 eastern to see. we'll be talking about this. mr. lebow will have the inside track. >> yes, excited for that. >>> a mixed victory for samsung electronics. this after a u.s. federal court rejected apple's bid to raise $1 billion damages paid by samsung in a patent infringement case. u.s. district court judge lucy coe said samsung did violate several of apple's patents in smartphone and tablet products but said it wasn't willful and threw out the request to hike damages on samsung. she also denied samsung's request for a new trial. this just continues to go back and forth between the companies. >> yeah. that's going to run, isn
anyone else is saying the dream liner investigation continues. the head of the ntsb unsettling description of how serious this matter may be. >>> facebook founder is getting involved in politics. . >>> welcome back. taking you live to new york. dow back from its earlier gain. still up 17.5 points, s&p500 testing the 1500 level and a lot of familiar names in stocks to watch today. johnson and johnson up, part of the dow -- and it's earning estimates. p and g better than expected and starbucks. >>> sales of new single family homes fell. numbers dropped to a yearly rate of 369,000. that's down 7.3% from november but sales still up nearly 9% from december of 2011 and prices continue to rise slowly. >>> in the last week united states mortgage rates went up slightly but remain near their record lows. the average 30 year fixed loan slightly more than 3.4%. that's up about one tenth of a percent. >> we are following big news involving the search engine giant in mountain view. google reports that the united states government's request for information has skyrocketed in recent months. w
limer is grounded. former ntsb director peter goelz tells us which saved issue concerns him most about the massive jet. perhaps perhaps even bigger, will the dreamliner ever fly again? tracy: that is crazy. republicans hunker down and plan their next move on the fiscal mess. whiffle they use the debt limit deadline as leverage to cut spending? ashley: here we go again. tracy: i know. ashley: time for stocks. as we mentioned the dow is up trip till digit sits as we do every fifth teen minutes let's head down to nicole on the floor of the new york stock exchange. what is going on? >> we're at session highs we've been seeing at the last 10 minutes or some dollar is lower. oil and gold moving higher. the vix moving back. majority of the dow components are well into the green. market breadth is stellar. 230 million to the upside. 104 lower. so you really doll have broad based buying underway. when i talk to some of the traders i'm hearing numbers on the s&p and 1500 and dow at 13,660. bank of america is down 4.25% today. the biggest loser on the dow jones industrials. what came out with ban
lebeau. >> reporter: the ntsb releasing an investigate on the battery investigation saying they have moved on from macroscopic investigation to a microscopic investigation. that includes chemical analysis of the areas that short circuited and checking flight data recorders. bottom line, still don't know a cause behind the incidents involving the two dreamliners. we should also point tomorrow morning on "squawk box" we'll be having the boeing fourth-quarter earnings, the first time we'll hear from the ceo since these incidents. sure to be questioned about what happens with the dreamliner tomorrow morning when boeing reports earnings. guys, back to you. >> thanks so much, phil lebeau. the dow jones industrial average 50 points away from 14,000. that 200 points away frommin a all-time high reached back in 2007. if you think that's made marc faber less bearish, you'd be very wrong. despite, that marc is the man behind the gloom, doom and boom report and joins me now to talk markets. good to see you, marc. thanks for joining us. >> my pleasure. thank you for having me. >> so you say regar
't know right now. so i know they're saying that. but we have the faa all over the airplane, the ntsb all over the airplane. i think the risk for the -- i see two camps on this stock. you have the teethers, those who believe everything is a teether problem, and the tip of the icebergers saying could this be something else. i think with this investigation going on and the faa already actively on the airplane, it will be difficult to take event, especially if it's a severe event, and say, this is fine, this is fine. long term they're going to sort it out. i agree with what jim cramer said, i'm in the same camp that said, why not do a derivative play on this story, if you have more risk maybe someone like spirit aero systems. >> at what point do you say this is the point of fear of investors are running? that's the time to get in the stock. we've seen that in different scenarios, that we don't know what we don't know, as you said. that is exactly the time you wanted to go in. what's going to make that turning point for you, do you think? >> well, i have to say, because there's a formal inves
in the news, a lot of people saying are there others out there. the ntsb yesterday gave an update in terms of where the investigation stands, including showing the media what's going on in the ntsb lab, seeing the charred batteries from the 787 dreamliner that was the one that had to be put out in boston. well, now they still say they do not know the exact cause of the batteries catching fire. as for those batteries and one other component, the charger, the charger for the batteries built by a company called secureaplane, a plant out in tucson, arizona. back in 2006, there was a fire involving lithium ion batteries for the 787 at the secureaplane plant. a worker there warned the company about the batteries and the chargers and the possibility of fires. >> these lithium ion batteries, too much heat and they'll explode. it will be a nightmare. >> michael leon was dismissed from the company for repeated problems on the job. secureaplane told me yesterday the battery charger for the dreamliner was successfully tested. there was a fire in the facility in 2006 during one test. however, the curre
's going to make a lot of people nervous. the ntsb is now investigating the 787 on the tarmac at logan airport yesterday morning, catching fire, after the plane had landed. the crew and the passengers had all deported. the fire was found in a compartment with batteries and electrical components. and again the passengers and crew were not on board during the fire. but this is the fourth incident since november or since december 4th where we've had a problem with the dreamliner. now remember united had its first domestic 787 flight back on november 4th. just a month later united had a flight from houston to newark, it made an emergency landing in new orleans. after experiencing mechanical problems, a loss of power. qatar air on december 9th said it grounded one of its 737 -- or 787s because of a faulty generator. similar problem, loss of power in flight. and then on december 14th, united grounds two of its four dreamliners due to problems with an electrical panel and then finally, yesterday you have the emergency crews responding to a 787 fire at logan airport. now the dreamliner, and th
in the united states, the ntsb continues to look at the japan airline 787 battery, but in reverse of what we're seeing in japan, they say this battery was not overcharged. the investigators are in arizona today visiting the battery charger manufacturer. that is a company called secure a plane. it's a subsidiary of mega plc out of the uk. over the last couple of days, that's seen a little bit of pressure as well. what we're seeing is an investigation where they haven't been able to square up what happened in japan with what happened in boston, so as a result, they're going to start diving further into the components that go into the dreamliner, and are connected and work with the battery to see if they can find out exactly what went wrong. and then from there, they might have a better sense of how to correct the situation. guys, back to you. >> now, phil, because these two regulatory agencies on opposite sides of the ocean are seeing different things in their investigation. does that tell you that the investigation may be much longer than anticipated? >> well, yeah, it would be different if o
and it was a model from the 1960s. the ntsb is investigating what happened. he says really it was a matter of minutes before that rescue could have turned into a recovery. wolf? >> they are both very, very lucky indeed. mary, thanks for that report. appreciate it very much. they are. >> so lucky. that instructor, what a hero in trying to get out of that plane. >> amazing. >> oh, my god. i have goosebumps thinking about how cold that water is. oh, my goodness. very, very lucky. >>> still ahead, here's a question for you. what do doughnuts and marriage proposals have in common? ponder that one. jeanne moos will have that next. ♪ good morning, turtle. ♪ my friends are all around me ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> fair warning, friends. look away now if you are afraid of heights. that is nick wallenda keeping up his family tradition of daredevil stunts. he successfully walked ac
successor, l.a. mayor, ntsb chairman debby hirzman on the list but again, like you said whoever they pick, you really hope they get somebody that can sort of carry the torch. >> ray was a republican, offered high-speed rail money like let's start with rick scott of florida, a state that's designed for high-speed rail. created geographically and they turned down the money. so did idiot john kasic in ohio. they raised that money and gave it to other governors who are willing and see, have the vision to see this is the future. it's sad that the people of those states because of their, you know, dirt-brain governors are not going to get that. >> we used to have that clip. i think you asked him a question. he ripped into republicans and said, you know, when i was in the congress we did things differently. >> meredith, this is unfair, i know, but about a minute left to go. we are talking gun violence. we are talking climate control room. nobody is talking right now about the fiscal cliff or the fiscal crisis but welcome to another -- >> a lovely respite. >> it is.
the faa. we're waiting to see the results of the ntsb investigation to make a decision about what it all means. so frankly, we're saying to investors is, look, we can't say with any conviction level that there's a certain entry point where we want to jump in here and buy. what we want is more data. if you own boeing shares here, i think you hang on. i think the long-term outcome of this is that they will sort through the problems. you can see airbus this morning expressing confidence that they think boeing, their competitor will sort through the problems. but right now, you know, you're dealing with emotion and you're dealing with news flow, which is very hard for investors to forecast. >> there but for the grace of god for airbus. they're not going to crash airbus. >> look the safety of all things for airplane manufacturers, the one thing they can all agree within, the one thing they share data on, the one thing they're all committed to is safety. >> if it leaks out of the battery and has a weird smell, it's not a fire. >> yeah, that's really the important thing about what happened yest
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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